Investor directory

MassChallenge

MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, established in 2009. It supports early-stage entrepreneurs across various industries, including technology, healthcare, and social impact, by providing mentorship, resources, and networking opportunities. With locations in Israel, Mexico, Switzerland, Texas, and the UK, MassChallenge connects high-potential startups with industry experts and investors to foster innovation and facilitate growth. The accelerator operates on a non-equity model, allowing entrepreneurs to maintain full ownership of their companies while benefiting from strategic partnerships and tailored training programs. Through its diverse initiatives, such as targeted accelerator programs like MassChallenge HealthTech and FinTech, the organization aims to drive impactful change and enhance the global innovation ecosystem.
https://masschallenge.org
https://crunchbase.com/organization/masschallenge
https://facebook.com/masschallenge
https://linkedin.com/company/masschallenge
https://pitchbook.com/profiles/investor/54360-28
https://twitter.com/masschallenge

Cait Brumme

Acting CEO

Nick Dougherty

Managing Director, MassChallenge HealthTech

Siobhan Dullea

CEO

Matt Lashmar

Managing Director

Camila Lecaros

Managing Director

Yonit Serkin

Managing Director

Devon Sherman

Founding Director, Head of MassChallenge FinTech

Michelle Williams

Vice President and Head of Texas Strategy

Past deals in NFC

Practix Innovative Workout

Non Equity Assistance in 2018
Practix develops an activity tracking system for gyms, using an IoT tracking device with real-time data analytics done by AI and machine learning algorithms. We offer the gym customer automatic, real-time logging of their workout and data-based analytics and metrics for their workout. Gym members receive a wristband which can connect to any current gear in the gym through scanning our NFC patch. The wristband tracks user’s workout data and runs it through our algorithms. The output is presented through the Practix app and website where both gym operator and the customer can see the detailed information about their workout.
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